While we’ve noted more times than I care to admit how overbought the market is, it isn’t going to matter as long as the the leaders continue to lead — which, they are doing. I plan to ride that wave until it ends. My next main area of focus is earnings season, and key bank reports come out tomorrow morning. After that, we will look to MSFT, PYPL, and AMZN. Let’s look at CYBR, CRWD, HON, PYPL, PEP, AZSM, AMD, and more.
When the market is making new, all-time highs day after day, it’s the best time to look for short squeezes. Let’s examine AMD, AXSM, and TTD for potential breakout moves. Here are the parameters.
Staying nimble is the key, and continuing to find the themes driving the market. Heads up, we have a Powell speech tomorrow.
Long bonds continue to be the gift that keeps on giving, but what about related setups to maximize opportunities in the environment?
It can be tough knowing which names to buy when everything’s trading at or near highs, but this signal is one of the most helpful I’ve used to find those names, and we’ve got three to review in tonight’s free video.
Last week we covered the idea of a melt up into middle of July and our bullish positions have done well inside that. Now we have to think about the coming Friday and all the nuances of a monthly expiration.
TS Barry comes ashore as Natty Gas and Crude Oil brace for the implications of the storm. The equities markets march higher and the long bond play related ETFs deliver big for us. All that and more in today’s update.
